TSLA380.6801.95%
GM82.0101.78%
F12.2750.125%
RIVN14.510-0.09%
CYD32.1900.32%
HMC31.8100.03%
TM185.5701.45%
CVNA63.8600.14%
PAG199.010-1.58%
LAD292.510-10.49%
AN158.140-3.53%
GPI236.960-4.48%
ABG169.760-2.07%
SAH61.000-1.63%
TSLA380.6801.95%
GM82.0101.78%
F12.2750.125%
RIVN14.510-0.09%
CYD32.1900.32%
HMC31.8100.03%
TM185.5701.45%
CVNA63.8600.14%
PAG199.010-1.58%
LAD292.510-10.49%
AN158.140-3.53%
GPI236.960-4.48%
ABG169.760-2.07%
SAH61.000-1.63%
TSLA380.6801.95%
GM82.0101.78%
F12.2750.125%
RIVN14.510-0.09%
CYD32.1900.32%
HMC31.8100.03%
TM185.5701.45%
CVNA63.8600.14%
PAG199.010-1.58%
LAD292.510-10.49%
AN158.140-3.53%
GPI236.960-4.48%
ABG169.760-2.07%
SAH61.000-1.63%


automotive industry insights

Stellantis saw global sales and revenue rise in the third quarter but was hindered by the UAW strike and slowing U.S. demand.

Stellantis scores third quarter wins but fumbles U.S. market

- October 31, 2023
Stellantis continued to project strength throughout the third quarter as global sales and revenues improved but was hindered by labor strikes and worsening demand in the U.S. Compared to Q3 2022,...
Panasonic has cut electric vehicle battery production and lowered its profit guidance amidst growing fears of slowing demand.

Panasonic cuts electric vehicle battery production amidst demand fears

- October 31, 2023
Japanese tech manufacturer and Tesla supplier Panasonic has reduced electric vehicle battery production, sparking fears of an electric vehicle slowdown. In its earnings report released Monday, Panasonic confirmed that it had...
Rivian has installed a 2.8 MW wind turbine that, when combined with solar power, will provide clean energy for charging every new EV.

Rivian’s Illinois plant fully embraces clean energy for EV charging

- October 31, 2023
At its Normal, Illinois, facility, Rivian has installed a 2.8 MW wind turbine that, when combined with solar power, will provide clean energy for charging every new electric vehicle. Although Charlottesville,...
Nathan Fox joins CBT News at the 2023 Digital Dealer conference to discuss the power of merchandising and product storytelling.

Merchandising vehicles through story — Nathan Fox | Cox Automotive

- October 31, 2023
Merchandising is a crucial component of any retail operation, especially in the age of digital commerce, where customers often have little to no access to a product before purchasing. However,...
TIME revealed Dale Benton, the president of Benton Nissan of Hoover in Hoover, Alabama, as one of the 2024 TIME Dealer of the Year nominees.

Alabama dealer nominated for the 2024 TIME Dealer of the Year award

- October 31, 2023
On October 27, TIME revealed Dale Benton, the president of Benton Nissan of Hoover in Hoover, Alabama, as one of the 2024 TIME Dealer of the Year nominees. Benton will receive...
Jessica Stafford joins CBT News at the 2023 Digital Dealer conference to discuss emerging consumer preferences affecting how cars are bought.

How are consumer preferences changing in response to digital retailing? — Jessica Stafford | Cox Automotive

- October 30, 2023
Consumer preferences have evolved rapidly in the retail automotive sector, completely changing how cars are shopped and sold in the last three years alone. With dealers juggling new technologies, a...
General Motors reached a tentative deal with the United Auto Workers union early Monday following last week's Ford and Stellantis deals.

General Motors establishes tentative deal with UAW

- October 30, 2023
General Motors reached a tentative deal with United Auto Workers leaders early Monday morning, signaling the end of the union's six-week strike against Detroit automakers. General Motors is the last of...
Stellantis on Saturday reached a deal with the United Auto Workers union which includes a 25% pay raise and cost of living adjustments.

Stellantis strikes second United Auto Workers deal

- October 30, 2023
Stellantis became the second Big-Three manufacturer to reach a tentative deal with the United Auto Workers union over the weekend, ending more than 40 days of strikes at the Jeep-Chrysler...

Hyundai lowers price for 2024 IONIQ 6, now starts under $39,000

- October 30, 2023
Hyundai announced its new entry-level 2024 IONIQ 6 SE Standard Range, which currently stands for sale at $41,600. However, the automaker revealed it’s lowering the price to $38,615 due to...
Toyota production

Toyota reports record global sales and production

- October 30, 2023
Due to the strong demand and improving supply conditions, Toyota's global sales increased by 8.3% from April to September compared to the same period last year, reaching a record 5.6...


CBT News

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